Warnings (8.07): NCapital Group, FX Point, Profit-Trade…
Table of Warnings
Global-Markets-Exchange.com in AMF’s warning list
The French Financial Markets Authority has placed the Global-Markets-Exchange platform on the list of public warnings.
AMF warns against:
Global Markets Exchange / GMEX Group
WEBSITE: www.global-markets-exchange.com
COMPANY: Global Markets Exchange Limited
SFC warns against ueefinancialgroup.com
Securities & Futures Commission of Hong Kong (SFC) warns investors against establishing cooperation with the UEE Group broker. The address of the company’s registered office indicated on the broker’s website is false, moreover, the company is not licensed to offer investment services.
UEE Group
WEBSITE: www.ueefinancialgroup.com
COMPANY: Sands Financial Group
Konano Wealth Ltd company blacklisted by MFSA
The Maltese Financial Supervisory Authority (MFSA) warns against Konano Wealth Ltd offering services through the konano.com platform. The broker refers to a license issued by MFSA, but the regulator denies this information and informs that the entity is not known to it and that it does not have a Maltese license to offer investment services.
Konano
WEBSITE: www.konano.com
COMPANY: Konano Wealth Limited
FCA warns against 5 unlicensed brokers
The dishonest broker MallonFX claims that the platform belongs to AMC Trade Finance Ltd. In reality, however, the broker uses the data of a properly registered company to mislead the investor and gain his trust. AMC Trade Finance Ltd is not affiliated with the MallonFX fraud.
Wise Capital, like MallonFX, is a clone of a properly registered company. “Wise Capital”, using the domain wisecapitallimited.com, pretends to be a company called Wise Capital Limited.
FCA warns against:
MallonFX
WEBSITE: www.mallonfx.com
A dishonest broker pretends to be a properly registered company to gain the trust of a potential investor.
Company’s data that the MallonFX uses:
Company’s name: AMC Trade Finance Ltd
Reference number: 914468
Headquarters address: 25 Watling Street, London
Wise Capital
WEBSITE: www.wisecapitallimited.com
A dishonest broker pretends to be a properly registered company to gain the trust of a potential investor.
Company’s data that the Wise Capital uses:
Company’s name: Wise Capital Limited
Reference number: 616989
Headquarters address: Lynton House 7-12 Tavistock Square London
Proprietary platform: www.wisecapital.net
Hash Trade
WEBSITE: www.hashtrade.io / www.hashtrade.pro
Profit Trade
WEBSITE: www.profit-trade.com
COMPANY: GPS Marketing Limited
Check out the previous warning issued by CONSOB for this platform.
After the publication of the Italian Financial Supervisory Authority’s warning, the broker slightly changed the website address from profit-trade.net to profit-trade.com.
CryptoMarketChain
WEBSITE: www.cryptomarketchain.com
COMPANY: CMC Corporate
Check out the previous warning issued by CySec for this platform.
Beware of NCapital Group and FXpoint.co
The FXpoint.co trading platform is the next installment of Solid Invest and 24trading scam. The platforms are the responsibility of Gray Matter Enterprise Ltd, which was included in the warning list of 7 European financial market regulators.
NCapital Group is overseen by an off-shore company, Matrix Markets Limited, incorporated in Seychelles. The aggrieved person’s released that the broker’s consultants, in the form of encouragement to cooperate, promise the investor a certain profit and multiplying the deposit (amounting to a minimum of GBP 250). After a client has made a deposit, people claiming to be “investment advisers” manipulate the results displayed on the trading account to create a sense of trust in the client and encourage them to make larger deposits. After making the deposit, the amount in the investor’s trading account has increased from £ 250 to £ 11,000 within 4 days.
The aggrieved also draws attention to too frequent calls from the broker, informs that he receives at least one phone call a day, and hears another person on the other side of the handset. Moreover, the ever-changing “advisers” are unable to answer the basic questions asked by the client.
ForexRev warns against:
FX Point
WEBSITE: www.fxpoint.co
COMPANY: Grey Matter Enterprise Limited
NCapital Group
WEBSITE: www.ncapital.group
COMPANY: Matrix Markets Limited
CONSOB blocks 3 websites of dishonest brokers
The Italian Financial Supervision Authority places the OptiMarkets platform on the list of warnings for the second time, which is also related to blocking access to the website in Italy. The broker does not seem to care about it and for the 3rd time, he changes the domain slightly, still offering his “services” to unaware investors.
The company responsible for this scam is Donnybrook Consulting Limited, which is also responsible for scams with the same profile: Euro Fx, Energy-Markets …
CONSOB warns against:
SolidStocks
WEBSITE: www.solidstocks.co
COMPANY: Scintilla Enterprise Limited
Opti Markets
WEBSITE: www.optimarket.cc / www.optimarket.co / www.optimarket.trade
COMPANY: Donnybrook Consulting Limited
Check out the previous warning issued by CONSOB for this platform.
Ventera Group
WEBSITE: www.venteragroup.com
COMPANY: Lexis Solution Limited
14 platforms in FSMA’s blacklist
The Belgian regulator placed 14 platforms offering investment services without a license on the list of warnings. Among the brokers mentioned, there are also entities that were previously blacklisted by other European financial market regulators.
Bitengecko
WEBSITE: www.bitengecko.com
CryptoMatex
WEBSITE: www.cryptomatex.com
Check out the previous warning issued by FINMA for this platform.
Deltamarket
WEBSITE: www.delta-mark.net / www.deltamarket.net
COMPANY: BI-Global World Limited
Check out the previous warning issued by FCA for this platform.
Eiro-group
WEBSITE: www.eiro-group.com
EuroStandarte
WEBSITE: www.eurostandarte.com
Finetero
WEBSITE: www.finetero.com
COMPANY: Finetero Trading Limited / Finplex Group Limited
Check out the previous warning issued by CNMV for this platform.
FXCT Investments
WEBSITE: www.fxctinvestments.com
Goldenrodfx
WEBSITE: www.goldenrodfx.com
COMPANY: Santi Goldenrod Limited
Kapitalfx
WEBSITE: www.kapitalfx.de / www.kapitalfx.ch
Profxmarket
WEBSITE: www.profxmarket.eu
A dishonest broker pretends to be a properly registered company to gain the trust of a potential investor.
Company’s data that the Profxmarket uses:
Company’s name: Coins Exchange Ltd
Reference number: 572692
Headquarters address: 76 Blenheim Road, Cheadle Hulme, Cheadle, Cheshire, UK
Riva Financial Systems
WEBSITE: www.rivafinancialsystems.com
COMPANY: Riva Financial Systems Limited
Check out the previous warning issued by ForexRev for this platform.
If you have dealt with this broker, go to the Riva Financial Systems profile and share your opinion there.
Tradergy
WEBSITE: www.tradergy.io
COMPANY: Interactive Solutions Limited
Check out the previous warning issued by CNMV for this platform.
TradeVtech
WEBSITE: www.tradevtech.com
COMPANY: UMedia LLC
United-Asset-Finance
WEBSITE: www.united-asset-finance.com
COMPANY: United Asset Finance Limited
Check out the previous warning issued by FCA for this platform.
A dishonest broker pretends to be a properly registered company to gain the trust of a potential investor.
Company’s data that the United Asset Finance uses:
Company’s name: United Asset Finance
Reference umber: 723694
Proprietary domain: www.uafgroup.com
FINMA placed QuantBitex on a blacklist of brokers
The Swiss Financial Market Regulator placed quantbitex.com on the list of warnings, which offers financial intermediation services without the required license.
QuantBitex
WEBSITE: www.quantbitex.com
Check out the previous warning issued by FSMA for this platform.
